The only things you can do with the end of the day thing is to either
1: TURN OFF FRAME LIMITER, as which was pointed out above, or
2: Get the song of time working and start using it, heh heh.
3: Be in dugneons (or maybe it works with being in caves, too, need to fire up that n64) so it won't have the shrinking screen affect. Of course... I don't believe the emulator has the shrinking screen affect, so it may be a bit tough to find that type of area that it won't do that in, hehe.